• 2 Bedrooms
  • 3 Bathrooms
  • 2.33 ac
  • 9,960.00 ft2

Rathbun Lake Commercial Investment Opportunity

$779,000
21718 Hwy J5T, Moravia, Iowa (Appanoose County)

Property Description

Opportunities
like this are difficult to duplicate in high recreational areas of Iowa and
specifically at Rathbun Lake! Situated along a primary paved highway leading
directly to Rathbun Lake’s marina, dam, campgrounds and recreational areas,
sits this approximate 2.33-acre property, offering visibility, convenient
access and versatile combinations of commercial, hospitality and recreational
real estate.

This
property would allow a buyer to continue similar lake-oriented operations or
reimagine the site around an entirely different concept. Its real value is
drawn from the location, exposure, existing improvements, substantial parking,
usable acreage and proximity to one of Southern Iowa’s premier recreational
destinations.

Commercial
Retail Space

The
attractive lodge-style commercial building is currently being utilized as a
one-stop shop for recreational needs. Providing lake and outdoor supplies, bait
and recreational gear, ice, LP camper filling and food service, including baked
goods and breakfast. Showing the versatility of this space alone while
demonstrating the implementation of different business models.

Built in
2022, this building offers large, adaptable areas suited for a range of uses:
retail, restaurant, convenience, grocery, showroom, hospitality or other
commercial uses. The upper level provides additional showroom or storage space
along with living quarters, subject to zoning and applicable approvals. Around
the back of the building you’ll find an impressive loading area, with
functional access to both the main and upper levels.

More Than
A Building – A Platform for Opportunity

A new owner could continue a similar outdoor-oriented
operation or introduce a concept designed around the needs of lake visitors,
campers, boaters, anglers, hunters, vacationers and local residents. Potential
uses may include:

·        
Restaurant,
breakfast concept, bar and grill, barbecue or coffee shop

·        
Convenience
market, grocery, beer, ice, bait, propane and camper-supply operation

·        
Outdoor,
hunting, fishing or specialty retail store

·        
Boat,
camper, ATV, side-by-side, jet-ski or powersports sales and service

·        
Campground,
RV-oriented services or laundromat combined with other lake necessities

·        
Event,
recreation or destination retail space

·        
Hunting
lodge or related headquarters

·        
Personal
residence or live/work arrangement with rental and commercial income potential

The acreage provides room to think beyond the existing
improvements. Subject to zoning, permitting, utilities and governmental
approval, additional camping, cabins or other recreational development may be
worth exploring. The site could appeal to an owner-operator, investor or
entrepreneur seeking a larger presence in the Rathbun Lake market. Additional
land and dwellings available.

Property Highlights

The strongest story is not simply a 9,000-square-foot+
building on 2.33 acres. It is a highly visible, difficult-to-duplicate platform
positioned where recreational traffic already flows. The property gives a buyer
the chance to ask a valuable question: What does everyone driving to the lake
need?

Food. Coffee. Beer. Ice. Bait. Groceries. Propane.
Laundry. Boat and camper supplies. Outdoor gear. Rentals. Service. Lodging. The
real estate does not depend on any one concept; it offers the location and
infrastructure from which a buyer can capture demand across several
complementary uses.

·        
Approximately
2.33 +/- acres, subject to survey, owner surveying this off of large parcel, no
boundaries currently marked

·        
Custom
log-cabin-style commercial building with a 9,000-square-foot+ building

·        
Substantial
additional upper-level area for showroom, storage or other potential uses

·        
Large
parking area with room for vehicles, boats, campers and trailers

·        
Prominent
paved-road frontage, strong signage exposure and additional county gravel-road
access

·        
Loading
area serving the main and upper levels

Close to the Rathbun Lake marina, dam,
campgrounds and major recreational amenities

PROPERTY HIGHLIGHTS:

Commercial Building For Sale Appanoose Co Business Space Investment Property For Sale Investment & Income
Rathbun Lake Building For Sale Moravia Building For Sale Near Rathbun Lake Log Homes & Cabins
Rathbun Lake Commercial Space Retail Space For Sale Commercial Property

Address: 21718 Hwy J5T
City:
Area:
State/County:
Zip: 52571
Country: United States

Property Id: 159078
Price: $779,000
Property Size: 9,960.00 ft2
Property Lot Size: 2.33 ac
Bedrooms: 2
Bathrooms: 3
County: Appanoose County
Lot Size (AC): 2.33000
Year Built: 2022
Listing ID: 14010-100237
Office ID: 4582
Listing Address: 21718 Hwy J5T, Moravia, Iowa 52571

Other Features
Airport
Appliance
Auction
Basement
Broker Reciprocity
Central Air
Community Activities
Cul de Sac
Deck
Energy Efficient
Exclusive Agency
Exclusive Right to Sell
Fence
Finished Basement
Fireplace
Fireplace Location
Gated
Guest House
Gym/Fitness Center
Handicapped Accessible
Hospital
Hot tub
Large Kitchen
Maintenance Provided
Mineral Rights
New Appliances
Open Listing
Outbuildings
Park
Parking
Patio
Pool
Restaurants/Shopping
Room
School
Security System
Security System/Alarm
Sewer
Sprinkler System
Storage
Storm Shelter/Cellar
Tennis Court
View
Water Access
Water Rights
Wine Cellar

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Nate Ammons

Hawkeye Real Estate
Call Office(641) 932-7796
Call Mobile(641) 777-2861

Contact Me

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